India economy

Confidence of investors shaken but Modi government refuses to acknowledge truth: Priyanka on economy

The Congress leader has been relentlessly attacking the government over the issue of economy in the last few days and demanding answers from the government over the economic slowdown.

published on : 18th September 2019

After panic oil prices moderate

It is unlikely that even high crude oil prices would push up retail inflation high enough for RBI to put hold on expected interest rate cuts since the price rise effect is expected to be short term.

published on : 18th September 2019

Modi government mulling another booster dose to reinvigorate economy: Sources

The blueprint for the stimulus is ready that would be announced by Finance Minister Nirmala Sitharaman in the next few days, the official said without giving further details.

published on : 18th September 2019

5 per cent Q1 growth a surprise, difficult to predict revival, says RBI Governor Shaktikanta Das

Expressing concern over the first quarter GDP, RBI Governor said that the numbers looked much worse because RBI had projected 5.8 per cent.

published on : 16th September 2019

Economy suffering from clueless stewardship: BJP MP Subramanian Swamy

Swamy, however, is hopeful that India will come out successful, as it has in all crises in the past 72 years.  

published on : 16th September 2019

Tough time will pass: Nitin Gadkari on economic slowdown

The Union Minister for Road Transport and MSMEs was speaking at a function to mark 65th foundation day of the Vidarbha Industries Association in Nagpur.

published on : 15th September 2019

'How would Ola, Uber cause truck sales to plummet': Yashwant Sinha attacks Sitharaman

Sinha also raised a question about Sitharaman's announcement to organize a mega-shopping festival in India on the lines of Dubai Shopping Festival to boost exports.

published on : 14th September 2019

India Inc hails Modi government's Rs 70,000 crore package to boost economy

Finance Minister Nirmala Sitharaman announced about Rs 70,000 crore package for exports and real estate sectors on Saturday.

published on : 14th September 2019

Gloomy forecast: Huge import dip suggests stress may linger on

Several economists have forecast India’s growth to be in the 5.5-6.75 per cent range, lower than the government’s 7 per cent forecast.

published on : 14th September 2019

Will make own independent judgment on growth projections: Finance Commission

The 15th Finance Commission is scheduled to submit its report to the government by November 30.

published on : 13th September 2019

Auto sales growth outlook revised to 5-7 per cent for FY20: Report

Care Ratings revised its outlook after industry volume witnessed the sharpest decline at 13.3 per cent in April-August over the year-ago period.

published on : 13th September 2019

UAE can play major role in India's transition to gas-based economy: Dharmendra Pradhan

The current share of gas in India's energy mix is 6.2 per cent, in comparison to the global average of 24 per cent, the Indian government aims to increase it to 15 per cent by 2030.

published on : 12th September 2019

Losing Steam: Cumulative revenue growth of 642 companies slowed to an 11-quarter low at 5.7 per cent in April-June 

Economists feel that despite the announcement of corrective measures by the Government, overall growth for the year would remain subdued.

published on : 12th September 2019

Government will soon announce new vehicle scrappage policy, says Gadkari

A scrappage policy is a government-budgeted programme to promote the replacement of old vehicles with new ones.

published on : 12th September 2019

Honda Motorcycles feels slowdown in auto sector will continue

Honda Motorcycles & Scooters India introduced a variant of its popular scooter Activa that is compliant with BS-VI emission norms.

published on : 12th September 2019
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